Lendbuzz Completes $163.15 Million Asset-Backed Securitization
Lendbuzz announces completion of a $163.15 million asset-backed securitization of retail automobile contracts, its second securitization of 2023. This represents capital raising/financing activity.
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$225M in federal funding set to aid production of SiC chips in US
Bosch receives $225 million in federal funding as part of a larger $2 billion commitment to transform semiconductor production facility. Capital funding announcement.
Fuse Autotech Raises $10M in Series A Funding - FinSMEs
Fuse Autotech announced a $10M Series A funding round. Fuse Autotech is an automotive dealership software vendor serving the dealer ecosystem.
Lucid confirms $750M of fresh investment, scaled-up Uber robotaxi project
Lucid confirms $750M investment from Saudi Arabia's PIF alongside new CEO appointment, with Uber increasing investment and vehicle orders for robotaxi project. Strategic investment funding event for automotive manufacturing company.
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